Cost of Living: Boca Raton, FL vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Boca Raton, FL versus $4,227/mo in Chicago, IL. In the model, rent is about 34.01% of gross in Boca Raton, FL versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.

Take-home in Boca Raton, FL
$4,516/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Boca Raton, FL
34.01%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Boca Raton, FL and Chicago, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Chicago, IL
  • Lower rent (median 1BR/2BR): Chicago, IL
  • Lower home prices: Chicago, IL
  • Higher median household income: Boca Raton, FL

Cost of Living Index

Boca Raton, FL: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

Chicago, IL has a lower cost-of-living index than Boca Raton, FL, so a given salary generally stretches further there.

Median Rent

Boca Raton, FL: $2,218/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Boca Raton, FL is $895/mo higher than in Chicago, IL.

Median Home Price

Boca Raton, FL: $660,100 · Chicago, IL: $147,800

Median home price in Boca Raton, FL is $512,300 higher than in Chicago, IL.

Median Household Income

Boca Raton, FL: $102,722 · Chicago, IL: $56,815

Boca Raton, FL has a higher median household income than Chicago, IL by $45,907.

Boca Raton, FL overview · Chicago, IL overview · Popular comparisons